Whittier Trust Co. of Nevada Inc. Acquires 5,141 Shares of Relx Plc (NYSE:RELX)

Whittier Trust Co. of Nevada Inc. increased its position in Relx Plc (NYSE:RELX - Free Report) by 66.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,884 shares of the technology company's stock after purchasing an additional 5,141 shares during the quarter. Whittier Trust Co. of Nevada Inc.'s holdings in Relx were worth $649,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Whittier Trust Co. lifted its position in Relx by 20.1% in the first quarter. Whittier Trust Co. now owns 43,091 shares of the technology company's stock worth $2,172,000 after purchasing an additional 7,211 shares during the period. Massachusetts Financial Services Co. MA lifted its position in Relx by 103.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 106,220 shares of the technology company's stock worth $5,355,000 after purchasing an additional 54,062 shares during the period. Apollon Wealth Management LLC lifted its position in Relx by 9.9% in the first quarter. Apollon Wealth Management LLC now owns 6,743 shares of the technology company's stock worth $340,000 after purchasing an additional 606 shares during the period. Signaturefd LLC lifted its holdings in shares of Relx by 2.7% during the first quarter. Signaturefd LLC now owns 39,593 shares of the technology company's stock valued at $1,996,000 after acquiring an additional 1,029 shares during the period. Finally, Bleakley Financial Group LLC lifted its holdings in shares of Relx by 1.5% during the first quarter. Bleakley Financial Group LLC now owns 14,147 shares of the technology company's stock valued at $713,000 after acquiring an additional 207 shares during the period. 15.02% of the stock is owned by institutional investors.

Relx Price Performance

Shares of NYSE RELX traded down $0.57 during midday trading on Friday, reaching $52.90. 814,913 shares of the company traded hands, compared to its average volume of 755,545. The firm has a market cap of $97.16 billion, a PE ratio of 28.44, a PEG ratio of 3.45 and a beta of 0.83. The stock's 50-day simple moving average is $53.65 and its 200-day simple moving average is $51.13. Relx Plc has a 12 month low of $43.45 and a 12 month high of $56.33. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.47 and a current ratio of 0.52.

Analyst Ratings Changes

RELX has been the subject of a number of analyst reports. Morgan Stanley reissued an "overweight" rating on shares of Relx in a report on Wednesday, April 16th. Wall Street Zen cut Relx from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Finally, The Goldman Sachs Group initiated coverage on Relx in a report on Wednesday, March 26th. They set a "buy" rating for the company. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Relx has a consensus rating of "Buy".

Relx Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.